Gladstone Investment Announces Monthly Cash Distributions for January, February and March 2025, and Earnings Release and Conference Call Dates for the Third Fiscal Quarter
Gladstone Investment (GAIN) has announced monthly cash distributions of $0.08 per share for common stockholders for January, February, and March 2025, totaling $0.24 for the quarter.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Gladstone Investment (GAIN) has announced monthly cash distributions of $0.08 per share for common stockholders for January, February, and March 2025, totaling $0.24 for the quarter. The distributions will be paid on January 31, February 28, and March 31, 2025, to stockholders of record on January 24, February 19, and March 19, respectively.
The company will report its third fiscal quarter earnings (ended December 31, 2024) after market close on February 12, 2025, followed by a conference call on February 13, 2025, at 8:30 a.m. Eastern Time. A dividend reinvestment plan (DRIP) is available to common stockholders. The conference call replay will be accessible through February 20, 2025.
Positive
- Consistent quarterly dividend distribution maintained at $0.24
- Dividend reinvestment plan (DRIP) available for shareholders
Negative
- None.
Details
News Market Reaction – GAIN
The recorded move for GAIN in the trading session of this news was +1.55%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MCLEAN, VA / ACCESSWIRE / January 14, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings for its third fiscal quarter ended December 31, 2024.
Common Stock:
Record Date | Payment Date |
| Cash Distribution |
| |
January 24 | January 31 |
| $ | 0.08 |
|
February 19 | February 28 |
| $ | 0.08 |
|
March 19 | March 31 |
| $ | 0.08 |
|
Total for the Quarter: |
| $ | 0.24 |
| |
The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.
The Company also announced today that it plans to report earnings after the stock market closes on Wednesday, February 12, 2025, for its third fiscal quarter ended December 31, 2024. The Company will hold a conference call on Thursday, February 13, 2025 at 8:30 a.m. Eastern Time to discuss its earnings results. Please call (866) 424-3437 to enter the conference call. An operator will monitor the call and set a queue for questions.
A conference call replay will be available beginning one hour after the call and will be accessible through February 20, 2025. To hear the replay, please dial (877) 660-6853 and use playback conference number 13750255.
The live audio broadcast of the Company's conference call will be available online at www.gladstoneinvestment.com. The event will also be archived and available for replay on the Company's website.
About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control, and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
Investor Relations Inquiries: Please visit www.gladstonecompanies.com or (703) 287-5893.
Forward-looking Statements:
The statements in this press release regarding potential future distributions, earnings and operations of the Company are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on the Company's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.
SOURCE: Gladstone Investment Corporation
View the original press release on accesswire.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.